Logistics
Total Quality Logistics (TQL) recently announced that it will invest an additional $78M in the Cincinnati region, alongside REDI Cincinnati, JobsOhio, Clermont County and Union Township. This development serves as the company’s third expansion in the region since 2019, with commitments totaling $146.8M in new payroll and $31.1M in capital investment.
TQL expects to add an additional 1,000 jobs, generating $60M in new annual payroll. In 2021, TQL grew headcount by 49% ...
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J.B. Hunt Transport Services Inc. and BNSF Railway Co. (BNSF) are launching a joint effort to substantially improve capacity in the intermodal marketplace while also meeting the expanding needs of current customers.Demand for intermodal services has grown significantly in recent years as companies look to ...
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Stakeholders across the perishables supply chain should adopt a digital approach to risk management to reduce waste and create value by extending shelf life, Eric Mauroux, Cool Chain Association (CCA) Board member and Founder and Chief Executive Officer (CEO) of FreshBizDev told delegates at Fruit ...
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Bolloré Group signed an agreement on April 1 to sell 100% of Bolloré Africa Logistics to the MSC Group. The sale comprises of the Bolloré Group's transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of 5.7 ...
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Deutsche Post DHL Group has closed the acquisition of J.F. Hillebrand Group AG (Hillebrand) and its subsidiaries at an equity value of €1.5 billion. After obtaining all necessary regulatory approvals by the required antitrust authorities, the takeover has been consummated. The companies had already signed ...
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Descartes Systems Group announced that its Descartes ShipRush™ multi-carrier parcel and less-than-truckload (LTL) shipping solution has been integrated with its suite of ecommerce warehouse management systems (WMS). This integration allows customers to improve their warehouse and shipping performance through a unified solution.
"Fulfillment excellence requires warehouse ...
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GEODIS, announced that it has signed a binding agreement to acquire Keppel Logistics. The project will significantly increase GEODIS' Contract Logistics footprint and eCommerce fulfillment services in Singapore and Southeast Asia."The acquisition of Keppel Logistics will mark a key milestone in GEODIS' Asia-Pacific ambitions.” said ...
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STG Logistics has acquired the intermodal division of XPO Logistics, one of the largest providers of container transportation services in North America. The combined business, which will go to market as STG Logistics, will stand as North America's leading provider of seamless, fully integrated, port-to-door ...
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FedEx Corp. has announced that, effective June 1, 2022, Frederick W. Smith, Chairman and Chief Executive Officer, will become Executive Chairman, and Raj Subramaniam, President and Chief Operating Officer, will be promoted to President and CEO.As part of the transition, Subramaniam has been named President ...
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Baumer Food, Inc.’s President Pepper Baumer joined Port of South Louisiana’s Executive Director/CEO Paul Matthews to renew their lease agreement at a ceremonial signing held at the Port’s Guesthouse in Reserve, Louisiana. They were joined by community leaders, business and Baumer Foods representatives, Port renewal ...
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